Watch List notes:

IONIA, Ephesos, (c.450-415 B.C.), silver drachm, (3.16 g), obv. bee with tendrils and curved wings, across **E F*, dotted border, rev. quadripartite incuse square, (cf.S.4360, Karwiese Series VI, 2A, No,22, 25, SNG Kayhan 122, SNG Berry 1052). Very fine, slightly off centred on reverse, rare.

Ex George Mihailuk Collection, from Richard Welling. 20.7.2006.